AMERICA.

Southland Times, Volume I, Issue 73, 16 November 1864, Page 3

AMERICA.

New Yobk, Sept. 4. The various favorable and unfavorable war ruinor9 circulated since Saturday last, have caused violent fluctuation in gold. Market prices declined under Monday's panic to 213, recovering afterwards. The last quotations are 2245. Market entirely unsettled. General M'Lellan has accepted the Chicago nomination, but declares that the Union must be preserved at all hazards. He has been repudiated by peace democrats, who intend to select another candidate. General Fremont will withdraw his candidature, and President Lincoln -will receive the support of the whole of the Eepublicau party. Generals Lee and Grant are preparing for another battle. Atlanta has been evacuated, and entered by the Federals after heavy battles. Gen. Sherman is concentrating his forces there. Admiral FaxragUt, after taking Fort Morgan, is reported to be waiting at shelling distance Off Mobile. ; Generals Grant and Sherman hare both most urgently appealed to the Federal Government for more men. The draft is to bo immediately enforced. The Richmond Inquirer says peace may easily be brought about. Its plan is to make North and South one nation, so far as foreign relations are concerned, by an offensive and defensive treaty) but. with separate governments for. domestic affaira. The platform adopted by the Chicago Convention is fidelity to the Union, and the institution of immediate efforts for the cessation of hostilities, with the view of summoning a Convention of States, to restore peace to the country.. Direct military interference at the approaching elections is to be regarded as revolutionary! and to bo resisted. : . :-,.-, K < Mr. SeoretarySeward, in a speech &t New York/ has declared that the saltation of the Union depends oaths re-election of President Lincoln. He vtatoa that slavery is no longer an issue &? the WJW, and will not be interfered with after peace is' re* atorod. He blames the Demooratib party for aiding tho rebellion. Since last month, severe engagements hare taken place between Leo and Grant, On 14th August, Grant embarked troops under sealed orders. Tho soldiers declared they were going northwards j when under -weigh, . they StGWaei up Jamog &iverj «nd landed at Deop Bottom, 'Xhoy wont down James 3Uve? by flay, and up jt< by night, On the morning of tho 15th

front line of rifle pits, and again dislodging them from, their second line. The ground was valorously. contested. Federals lost one thousand men. The position is 6ix miles from Fort Darling, commanding the river and its Bluff. On 'the 19th August, the fifth corps of Grant' • army took up its. position, at Reams' Station on Meldon-railroad. They were surprised by feho Confederates, and driven back with loss of three thousand men. The Federals subsequently reinforced, recovered their lost ground. On the following days both parties were engaged in fortifying", and on Sunday the Confederate's attempted assault, with loss of General Haygood, and one thousand men. The Federal losses in. these fight* from 21st to 25th aro estimated by tho Times correspondent to be 12,00.0 men. Several other engagements took place, each aide claiming victory. The Federals remain in possession of thres miles of railway on Meldon Railroad ; but the occupation of this position is not of such vit» importance to General Lee as the Northern Press represent it to be. - ' • General Lee's army has since been 'reinforced from General Early's corps/ and a heavy force is being concentrated to attack General Grant's left. ' General Sherman has ordered all the white inhabitants to leave Atlanta, and has arranged an armistice with Ger.eral Hood for.tranfer to Con* federate lines of those who refused, to take the oath of allegiance to the Federal Government.